The Zambia Sugar has encouraged more Zambians to invest in listed companies

Zambia Sugar Finance Director, Hezron Musonda, has encouraged more Zambians to invest in listed companies on the Lusaka Securities Exchange (LuSE).
He says doing so has various benefits for individual investors, and subsequently, the country.
Mr. Musonda was speaking on the sidelines of the 3-day Zambia Capital Markets Conference and Awards-ZCMA in Livingstone Recently.
He noted that long-term capital sustainability can only be achieved by flexible capital markets, hence investment in company shares provides liquidity of funds.
Giving his address at the ZCMA opening event, Security and Exchange Commission Chief Executive Officer, Mr Phillip Chitalu, noted that currently, LuSE has 37,000 active investor accounts.
He noted the need for new entrants, stating that currently, the same account holders are the ones reinvesting in the many different products on LuSE.